INSIGHT: Bankers pour cold water on red hot coal

After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.

Reuters | November 23, 2022 | 4:14 pm

Graphite poised to do a lithium

Carmakers “are waking up” to often overlooked anode material accounting for nearly half the mass of battery cells by inking upstream deals.

Frik Els | November 23, 2022 | 11:42 am

Thieves steal ancient gold coins in German museum heist

Thieves broke into a Bavarian museum on Tuesday night and made off with a horde of nearly 500 ancient gold coins worth several million euros.

Bloomberg News | November 23, 2022 | 10:13 am

Glencore, Metals Acquisition amend CSA copper mine sale deal

Glencore will still receive $1.1bn for the copper mine in Australia, but the companies have changed payment terms.

Cecilia Jamasmie | November 23, 2022 | 3:44 am

European, US demand have become key drivers of metal prices – Trafigura chief

Trafigura executive chairman Jeremy Weir told the FT Commodities Asia Summit on Wednesday that prices had previously been mainly driven by Chinese demand.

Reuters | November 22, 2022 | 6:32 pm

Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030

Countries competing with China would need to spend $78.2 billion on batteries, $60.4 billion on components and $13.5 billion on mining.

Reuters | November 22, 2022 | 6:30 am

ABB raises $209m from selling stake in EV charging business

The private placement of shares was led by investors with links to Swedish furniture giant IKEA and car dealership chain AMAG.

Reuters | November 21, 2022 | 12:21 pm

Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks

Rusal has called for the LME to start regularly disclosing the origin of all metal stocks on warrant rather than singling out Russian metal.

Reuters | November 21, 2022 | 11:47 am

Bill Gates-led fund backs Robert Friedland’s pulse technology to reduce carbon emissions at mines

A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.

Bloomberg News | November 21, 2022 | 10:34 am

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X-Batt and Consol collaborate on coal-based battery tech

ERG signs deal to sell cobalt to US battery materials producer

Eramet rues timid European banks, sees lithium plant costing $1.5 billion

“New” mineral discovered in abandoned gold mine dumps

LME launches new collaboration with Shanghai Futures Exchange

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